Crossmark Global Holdings Inc. Has $217,000 Holdings in HubSpot, Inc. (NYSE:HUBS)

Crossmark Global Holdings Inc. trimmed its position in shares of HubSpot, Inc. (NYSE:HUBS) by 29.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 311 shares of the software maker’s stock after selling 130 shares during the period. Crossmark Global Holdings Inc.’s holdings in HubSpot were worth $217,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in HUBS. Wilmington Savings Fund Society FSB bought a new stake in shares of HubSpot during the 3rd quarter worth about $25,000. MassMutual Private Wealth & Trust FSB lifted its holdings in HubSpot by 73.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after purchasing an additional 19 shares during the last quarter. HM Payson & Co. boosted its holdings in shares of HubSpot by 36.0% during the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after buying an additional 18 shares during the period. Friedenthal Financial acquired a new stake in shares of HubSpot in the fourth quarter valued at about $50,000. Finally, Crewe Advisors LLC grew its holdings in HubSpot by 37.3% in the 3rd quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock valued at $55,000 after buying an additional 28 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

HubSpot Price Performance

Shares of NYSE HUBS opened at $757.99 on Tuesday. HubSpot, Inc. has a 1 year low of $434.84 and a 1 year high of $779.73. The stock has a market cap of $39.13 billion, a P/E ratio of -2,807.26, a price-to-earnings-growth ratio of 40.57 and a beta of 1.70. The firm has a 50-day moving average of $716.86 and a 200 day moving average of $591.70.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, November 6th. The software maker reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.27. The business had revenue of $669.72 million during the quarter, compared to analyst estimates of $646.97 million. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. HubSpot’s revenue was up 20.1% compared to the same quarter last year. During the same period last year, the business earned ($0.04) EPS. Research analysts expect that HubSpot, Inc. will post 0.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Mizuho upped their price target on HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Wells Fargo & Company increased their price objective on shares of HubSpot from $750.00 to $810.00 and gave the company an “overweight” rating in a research note on Tuesday, January 7th. Bank of America lifted their target price on shares of HubSpot from $780.00 to $850.00 and gave the company a “buy” rating in a research report on Monday, December 16th. JPMorgan Chase & Co. raised their price target on shares of HubSpot from $560.00 to $635.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, BMO Capital Markets lifted their price objective on HubSpot from $570.00 to $690.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Six investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $724.52.

Insider Activity at HubSpot

In other news, insider Dawson Alyssa Harvey sold 573 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $700.00, for a total value of $401,100.00. Following the transaction, the insider now owns 7,603 shares of the company’s stock, valued at approximately $5,322,100. The trade was a 7.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kathryn Bueker sold 4,381 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $700.00, for a total transaction of $3,066,700.00. Following the completion of the sale, the chief financial officer now owns 41,259 shares in the company, valued at $28,881,300. This represents a 9.60 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,066 shares of company stock worth $54,900,427. 4.50% of the stock is owned by company insiders.

HubSpot Company Profile

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.